The Latest Breaking News from Crypto

What happened: An Ethereum (CRYPTO: ETH) whale sent $107,481,317 worth of Ethereum off Gemini. The ETH address associated with this transaction has been identified as: 0x4399f61795d3e50096e236a6d31ab24470c99fd5

The NFT space is difficult to sum up. It is a distributed carnival composed of loner artists, technologists and vocal promoters; major brands and kids with a bright, shiny idea. Some of these projects will have a brief future while others might help define how we treat digital ownership tomorrow. 

Bitcoin and Ethereum traded in the red on Thursday evening, as the global cryptocurrency market cap remained nearly flat at $1.2 trillion at press time. 

The Basics of Cryptocurrency and How to Leave it in Your Will the Right Way Author: Patrick Hicks, Head of Legal with Trust & Will

By Martin Desmond According to Crypto.com, global cryptocurrency usage numbers doubled within four months in the first half of 2021. As more consumers begin adopting crypto, small businesses will have no option but to rise and meet the occasion.

With the collapse of the former second-largest DeFi ecosystem – Terra and the crash of the associated LUNA token having accentuated the bear season that still affects the crypto landscape, DeFi has lost 45% of its value since the end of April, according to a report.

Jay-Z, rapper and entrepreneur, and Jack Dorsey, former CEO of Twitter (NYSE: TWTR), announced their funding Thursday of The Bitcoin (CRYPTO: BTC) Academy, free of cost.

On June 9, Optimism (CRYPTO: OP) reported it suffered a loss of 20 million OP, currently valued at more than $16 million, due to an exploit by a hacker.

In a report released yesterday, Deloitte stated over three-quarters of retail merchants will accept payments in cryptocurrencies and stablecoins in the next two years.